THE BOYZ has officially ended their contracts with IST Entertainment, but a controversy over the ownership and usage rights of their group’s name has emerged. Their new agency, ONE HUNDRED, claims IST Entertainment has not granted full rights to the name, sparking concerns among fans.
IST Entertainment’s Announcement
On December 5, IST Entertainment confirmed that all 11 members of THE BOYZ had terminated their contracts. Addressing rumors about trademark issues, the agency stated:
“We regret the recent misinformation regarding the trademark. Contrary to earlier reports, we have decided to provide all members with the right to use the name free of charge. This has been communicated to the members directly.”
IST Entertainment clarified that while members could use the name freely, this agreement did not extend to their new agency, ONE HUNDRED.
ONE HUNDRED Refutes IST Entertainment’s Statement
Later on December 5, ONE HUNDRED responded, disputing IST Entertainment’s claims. The agency declared:
“If IST Entertainment had indeed granted free usage rights to THE BOYZ, we would have ensured that these rights, which belong to the artists, were protected for the benefit of the members and their fans, The Bs.”
ONE HUNDRED alleged that IST Entertainment’s proposal involved conditions that were unfavorable to the group, such as restricting full ownership of the name to the members.
Fans and Industry Observers Await Resolution
The differing accounts from IST Entertainment and ONE HUNDRED have left fans of THE BOYZ in suspense about the future of their group’s name. Many are calling for greater transparency to protect the rights of the members and ensure smooth operations for their new agency.
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Credits: Star Today